Coughdrop
PE / VC
2015
$2 M
San Francisco, California, United States
Profile
Coughdrop Capital is an early stage venture capital firm based in the United States, founded in 2015 by brothers Austin Petersmith and Stu Smith. With a focus on B2B software startups, the firm specializes in the earliest stages of investment, offering strategic guidance from both their own startup experiences and their roles as investors. Backed by notable LPs such as Jack Altman, Delian Asparouhov, and AngelList's Systematic Fund of Funds, Coughdrop Capital differentiates itself by offering deep domain expertise in marketing, product development, and fundraising.
Coughdrop Capital invests primarily in pre-seed and seed stages, with check sizes ranging from $40K to $100K. The firm is known for its commitment to B2B software, supporting startups with expertise in sectors like sales, growth, and marketing. Although specific AUM figures are not disclosed, their partnerships with strong LPs signal a solid foundation for investment activities. They also enjoy the backing of financial powerhouses like Village Global and Naval's networks.
Among its notable portfolio, Coughdrop Capital has invested in companies like Lattice, an HR management platform; Superhuman, an advanced email app; and Mercury, a banking service for startups. Other significant investments include Varda which focuses on space-based manufacturing, and Nira, a secure document access platform. These investments underscore their strategy of partnering with transformative companies at an early stage.
Industry
Coughdrop Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Coughdrop Capital Fund III
|
Venture Capital (VC)
|
Consumer Products
Fintech
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$2 M
|
August 2022
|
Contacts
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